Authorities Cited: United States Code 26 U.S.C. § 62(a)(2)(A) 26 U.S.C. § 161 Code of Federal Regulations 26 C.F.R. § 1.62 Supreme Court 477 U.S. 242, 247-248 Circuit Courts 606 F.2d 602, 609 763 F.2d 1295, 1296-1297 792 F.2d 1052 123 F.3d 1429, 1432 190 F.3d 392, 395 204 F.3d 1103, 1110 85 F. Supp. 2d 962